The State Bank of India (SBI), one of India’s premier banking institutions, has announced a recruitment drive for the year 2025. This comprehensive job opening aims to fill a total of 10 positions for Manager and Deputy Manager roles in specialized risk management domains. This detailed job description provides all the necessary information for prospective candidates, including eligibility criteria, application procedures, salary structures, selection processes, and important dates.
SBI Manager & Deputy Manager Recruitment 2025 – Complete Job Overview
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| Parameter | Details |
|---|---|
| Company Name | State Bank of India (SBI) |
| Post Names | Manager (Risk Specialist – Model Risk Management), Deputy Manager (Risk Specialist – Model Risk Management) |
| Total Vacancies | 10 |
| Salary Range | Rs. 64,820 – 1,05,280 per month |
| Qualifications | B.A, B.Sc, B.Tech / B.E |
| Age Limit | 25 to 40 years |
| Application Start Date | 11-11-2025 |
| Application End Date | 01-12-2025 |
| Official Website | sbi.bank.in |
Vacancy Details
| Post Name | Number of Vacancies |
|---|---|
| Manager (Risk Specialist – Model Risk Management) | 05 |
| Deputy Manager (Risk Specialist – Model Risk Management) | 05 |
Eligibility Criteria
For Manager (Risk Specialist – Model Risk Management)
Mandatory Qualifications: Bachelor’s degree in Finance, Mathematics, Statistics, Data Science, IT, Computer Science, or Software Engineering from a recognized university or institution approved by Government of India or statutory bodies (AICTE, UGC).
Preferred Qualifications: Postgraduate degrees such as MBA / PGDM / PGDBM / PGDBA in Finance, or Post Graduate Degrees in Statistics, Mathematics, Economics, or Econometrics.
For Deputy Manager (Risk Specialist – Model Risk Management)
Mandatory Qualifications: Same as Manager: Bachelor’s degree in relevant fields from recognized institutions.
Preferred Qualifications: Similar to Manager roles, with additional preference for postgraduate qualifications in Finance, Statistics, Mathematics, Economics, or Econometrics.
Age Limit & Relaxation
The age as on 01-11-2025 should be within the specified range:
- Minimum Age: 25 Years
- Maximum Age for Manager: 40 Years
- Maximum Age for Deputy Manager: 35 Years
Age relaxation is applicable as per government rules and regulations for reserved categories and other eligible candidates.
Salary Structure
Manager (Risk Specialist – Model Risk Management)
| Component | Details |
|---|---|
| Basic Salary | Rs. 85,920 |
| Increment | Rs. 2,680 / 5 |
| Gross Salary | Rs. 99,320 |
| Additional Details | Salary may vary based on experience and internal scales |
Deputy Manager (Risk Specialist – Model Risk Management)
| Component | Details |
|---|---|
| Basic Salary | Rs. 64,820 |
| Increment | Rs. 2,340 / 1 |
| Gross Salary | Rs. 93,960 |
| Additional Details | Includes allowances and perks as per SBI norms |
Application Fee
| Category | Fee |
|---|---|
| General / EWS / OBC | Rs. 750 |
| SC / ST / PwBD | NIL |
Payment Mode: Online via Internet Banking, Debit/Credit Card, or UPI.
Important Dates
- Start of Online Application: 11-11-2025
- Last Date to Apply Online: 01-12-2025
Selection Process
Details of Selection Stages:
- Shortlisting: Candidates will be shortlisted based on fulfilling minimum qualification and experience criteria. The bank’s shortlisting committee will set the parameters.
- Interview: Selected candidates will undergo an interview process carrying 100 marks. The qualifying marks will be decided by the bank, and the decision will be final.
- Merit List: The final merit list will be prepared in descending order based on interview scores. In case of ties, age will be considered, with older candidates ranked higher.
No correspondence regarding shortlisting or selection will be entertained beyond the decisions taken by SBI.
How to Apply
Prospective candidates should follow these steps to apply:
- Ensure you have a valid and active Email ID; keep it functional until results are announced.
- Visit the official SBI careers page at SBI Careers.
- Register by filling in details such as name, contact number, Email ID, and other relevant details.
- Upload scanned copies of recent passport-sized photograph and signature as per specified guidelines.
- Fill in the application form carefully with accurate details.
- Pay the application fee online through secure modes like internet banking, credit/debit card, or UPI.
- Confirm and submit your application; note the provisional registration number and password for future reference.
- If needed, you can re-login to edit the application up to three times before final submission.
Important Links
SBI Manager & Deputy Manager Recruitment 2025 – FAQs
Q1: When is the starting date for online application?
Ans: The online application process begins on 11-11-2025.
Q2: What is the last date to apply online?
Ans: The last date to submit applications is 01-12-2025.
Q3: What are the eligibility criteria?
Ans: Candidates must possess B.A, B.Sc, B.Tech or B.E degrees from recognized institutions.
Q4: What is the maximum age limit?
Ans: The maximum age limit is 40 years for Manager and 35 years for Deputy Manager roles.
Q5: How many vacancies are available?
Ans: A total of 10 positions are available in this recruitment drive.
Conclusion
This recruitment by SBI offers a promising career opportunity for qualified professionals in risk management domains. Candidates should carefully review the eligibility criteria, prepare required documents, and adhere to the application deadlines. For detailed information, official notifications, and application forms, visit the links provided above. Stay updated and good luck with your application!